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@Sparky
I think a charge is perfectly reasonable. It's not like you're pricing anyone out of the fun by charging a tenner. I had a really, really good time last year. Way more than £10 worth of fun.
I just think it's great that there are people willing to put in the hard work to ensure that hundreds of people get to enjoy a thoroughly unusual, special and memorable event.
Also, on the route length - my other half did it last year, at the time she barely rode anywhere and yet found the distance just fine. It's a relaxed pace.